A bid Security Loan

Credit amount:
-
Credit percent:
- %
Credit length:
3 months

   The Security loan is a loan product to be used for the Bidding legal entity to guarantee their Bid Security.

Depending on the collateral the following types of loans are provided:

  • Apartment mortgage
  • Private house with land ownership or land possession right
  • Home with land ownership or land possession right
  • Land of ownership (without immovable property)
  • Car

Required documents: 

  • Identification inquiry of the applicant and the joint applicant from the XYP system /If the system does not work original ID document of the applicant/
  • Residential address inquiry of the applicant from XYP system
  • Photo /1 copy/
  • Application form /annex 1.1/,
  • Certificate of registration /original copy and notarized 2 copies/
  • Memorandum of the company / 2 copies /
  • Tender invitation / the documentation proving the public announcement of the bid or bidding request from the organizer/
  • Signature confirmation / notarized /
  • Formal loan request letter /Sample provided by the SCC/
  • Social security payment inquiry from XYP system,
  • Immovable property inquiry from XYP system,
  • Automobile inquiry from XYP system,
  • Other inquiries from XYP system, if required
  • Evidence showing poof of income
  • Evidence of collateral, verification, letter of attorney
  • Licenses on business activity and other relevant documents.
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